Income Tax
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U.S. Consumer Inflation Outlook Fell Slightly, Fed Survey Shows
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EY Acquires HR Tech Consulting Firm Jubilant
Filed Tax Returns Are Down 19% So Far This Filing Season—But There’s a Reason Why, IRS Says
The IRS released a slew of early tax season 2024 stats last week, calling it “a strong start to filing season, with all systems running well.”
IRS Seeks More Than $1 Billion From SVB for Taxes
The IRS claims Silicon Valley Bank owes both corporate income and employment taxes spanning a four-year period ending in 2023.
Why Businesses with High Capex Should Delay Filing Their Tax Returns This Year
With a bipartisan bill making its way through Congress, entrepreneurs might be able to take advantage of additional tax cuts.
AICPA Says FBAR Deadline Should Match Disaster Relief Deadline Extensions
The AICPA recommends that FinCEN adopt a policy of automatically granting FBAR filing postponements to coincide with the relief provided by the IRS when the IRS grants postponements
2024 Tax Refund Dates – Where’s My Refund, And When Will I Get It?
This article includes a handy reference chart taxpayers can use to estimate how soon they may get their income tax refund.
Treasury: IRS Could Collect $561 Billion in Revenue Thanks to Inflation Reduction Act
However, Treasury warned that if $20 billion is cut from the IRS’s funding allotment, it would reduce revenues by over $100 billion.
Why Idaho Senator Mike Crapo Largely Controls Bipartisan Tax Bill’s Fate
The top GOP member of the Senate Finance Committee has signaled he won’t support the family and business tax break bill as-is.
2024 Tax Refund Date Estimator
In most cases, early tax filers who are a due a refund can often see the refund as early as mid- or late February if they have it direct deposited. That’s without an expensive “tax refund loan” or other similar product.